FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) Trading Up 0.9%

FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEARCA:NFRA) were up 0.9% during trading on Thursday . The stock traded as high as $54.27 and last traded at $54.25. 277,590 shares traded hands during trading, an increase of 239% from the average session volume of 81,791 shares. The stock had previously closed at $53.77.

FlexShares STOXX Global Broad Infrastructure Index Fund Stock Up 0.9 %

The company’s 50 day simple moving average is $53.42 and its two-hundred day simple moving average is $52.46. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 20.14 and a beta of 0.74.

Institutional Trading of FlexShares STOXX Global Broad Infrastructure Index Fund

Large investors have recently bought and sold shares of the stock. NBC Securities Inc. acquired a new stake in shares of FlexShares STOXX Global Broad Infrastructure Index Fund during the third quarter worth $120,000. Studio Investment Management LLC lifted its position in FlexShares STOXX Global Broad Infrastructure Index Fund by 152.3% during the 3rd quarter. Studio Investment Management LLC now owns 9,959 shares of the company’s stock worth $482,000 after acquiring an additional 6,011 shares during the period. UMB Bank n.a. grew its stake in FlexShares STOXX Global Broad Infrastructure Index Fund by 16.4% during the 1st quarter. UMB Bank n.a. now owns 16,675 shares of the company’s stock valued at $910,000 after purchasing an additional 2,345 shares during the last quarter. Park National Corp OH increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 4.9% in the first quarter. Park National Corp OH now owns 21,143 shares of the company’s stock valued at $1,154,000 after purchasing an additional 992 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of FlexShares STOXX Global Broad Infrastructure Index Fund by 269.5% in the third quarter. Bank of New York Mellon Corp now owns 27,444 shares of the company’s stock valued at $1,329,000 after purchasing an additional 20,017 shares during the period.

About FlexShares STOXX Global Broad Infrastructure Index Fund

The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) is an exchange-traded fund that is based on the STOXX Global Broad Infrastructure index, a market-cap-weighted index of global infrastructure companies from developed and emerging markets. NFRA was launched on Oct 8, 2013 and is managed by FlexShares.